SpaceX will acquire AI coding tool Cursor for $60 billion in an all-stock transaction, the companies announced today. The deal is expected to close in the third quarter. It comes just two days after SpaceX’s unprecedented IPO and a few months after the merger of SpaceX and xAI,

The company launched its tool in 2023 and had topped $1 billion in annualized revenue by the end of 2025. Cursor previously disclosed its relationship with SpaceX in an April blog post, stating that it sought to accelerate its model training for Composer,

SpaceX will acquire AI coding platform Cursor in an all-stock deal worth $60 billion, the company said in a filing Tuesday. The deal comes after SpaceX initially partnered with Cu

SpaceX stock surged after its IPO as the $60 billion Cursor deal expanded Elon Musk’s AI push, but valuation risks may rise after the sharp post-IPO rally.

A research study had AI models like Claude, Gemini, and Grok in charge of various worlds. Things took a dark turn in Grok’s realm.